{"id":4214,"date":"2023-02-23T12:25:32","date_gmt":"2023-02-23T10:25:32","guid":{"rendered":"https:\/\/www.guiafc.es\/el-bei-acuerda-una-financiacion-venture-debt-con-packbenefit-tecnologia-punta-en-envasado-sostenible-de-alimentos\/"},"modified":"2023-02-24T12:27:54","modified_gmt":"2023-02-24T10:27:54","slug":"el-bei-acuerda-una-financiacion-venture-debt-con-packbenefit-tecnologia-punta-en-envasado-sostenible-de-alimentos","status":"publish","type":"post","link":"https:\/\/www.guiafc.es\/en\/el-bei-acuerda-una-financiacion-venture-debt-con-packbenefit-tecnologia-punta-en-envasado-sostenible-de-alimentos\/","title":{"rendered":"Spain: EIB agrees venture debt financing with PackBenefit to accelerate rollout of leading sustainable food packaging technology"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">EIB and PackBenefit have signed a \u20ac13m venture debt agreement to finance a new production plant, as well as research and development projects for sustainable food packaging solutions. <\/span><span style=\"font-weight: 400;\">The financing, in combination with equity funding from Circularity Capital, will enable PackBenefit to expand its manufacturing capacity of recyclable and compostable food trays for the European market. <\/span><span style=\"font-weight: 400;\">The EIB loan is guaranteed by the European Commission\u2019s research and innovation programme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <strong>European Investment Bank<\/strong> (EIB) will support <strong>PackBenefit<\/strong> with a \u20ac13 million venture debt loan to expand the company\u2019s manufacturing capacity of recyclable and compostable food trays to meet growing global demand for high-performance sustainable packaging solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alongside supporting RDI activities, the EIB financing will be used to back the construction of PackBenefit\u2019s second commercial-scale food tray production plant in Aldeamayor de San Martin, Valladolid, Spain, which will allow the company to manufacture an additional 180 million trays per year (ca. 4,500 metric tons). PackBenefit has developed and patented an innovative technology to convert virgin pulp, from EU Forest Stewardship Council certified sources, into recyclable and compostable food trays via a unique hydraulic thermoforming press.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EIB and PackBenefit have signed a \u20ac13m venture debt agreement to finance a new production plant, as well as research and development projects for sustainable food packaging solutions. The financing, in combination with equity funding from Circularity Capital, will enable PackBenefit to expand its manufacturing capacity of recyclable and compostable food trays for the European [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":4,"activitypub_interaction_policy_quote":"anyone","activitypub_status":"","footnotes":""},"categories":[34],"tags":[404,353,163],"class_list":["post-4214","post","type-post","status-publish","format-standard","hentry","category-news","tag-european-investment-bank","tag-food","tag-spain"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-08-05 19:46:23","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/posts\/4214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/comments?post=4214"}],"version-history":[{"count":1,"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/posts\/4214\/revisions"}],"predecessor-version":[{"id":4215,"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/posts\/4214\/revisions\/4215"}],"wp:attachment":[{"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/media?parent=4214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/categories?post=4214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.guiafc.es\/en\/wp-json\/wp\/v2\/tags?post=4214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}